We all go through the cyclical process between anxiety to being calm. We will face this emotional phases and panic as well when we are in a conundrum.
To overcome, we need to understand what we are dealing and facing. What are the issues. What are our resources. What are our skills. What are our capabilities. IT IS ALL ABOUT US and never about others. I believe that we have the capability to adjust and adapt into the situation that fits us to our favor and benefits.
This can only happen after we manage to solve and manage all the soft skills and knowledge that we do not have and needed.
What a car stalls in the past, we get a mechanic to fix the problem. Modern cars with ECU store the error codes. We can plug in OBD2 gadget into the socket and get a reading after the OBD2 diagnose the errors and telling us exactly what the fault codes are. This is only for parts that are wired to the ECU.
When we see error or red signals coming on at the dashboard, we get into anxious and panic mode. After the problem is identified, fix and tested to be resolved, we return to calm state.
This is no different from how we face the market. A lot of problems can be solved and managed using simple trouble shooting daily chores approach.
A mechanic can fix your car faults, ultimately you as the driver is the one handling the car in the traffic.
This come to the conclusion that YOU are driver navigating the market. Be prepared and ready to face the market traffic. The chart is your navigation map. While it does not tell you when you will reach your destination precisely, it does give your current location and trend conditions.
Analyze the chart correctly with the appropriate indicator(s) that you are proficient, you will be able to determine the trend momentum strength and set up for reversal.
IT takes time to learn, understand and be proficient with charts. IT IS NOT IMPOSSIBLE. With patience and determination, come with an open mind and eyes. YOU WILL SEE WONDERS!
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